Master in management studies (Finance) is a 2 year post graduate course program in management studies, eligibility to which is graduation and/or Bachelor's Degree obtained through the 10+2+3 system or an equivalent qualification with a minimum aggregate of 50% or equivalent CGPA. The duration is divided into four semesters.
Some of the main institutes that offer Master in management studies (Finance):
The fee for the course varies between INR 2 to 8 Lacs in India.
The first year consists of 2 semesters which are designed for understanding the basic principles of business and the second year emphasizes on the core as well as on the specialization subject which is finance in this case. This course will help the students to gain adequate knowledge and practical skills for the candidate to plan and come up with strategies for investing money, mergers and acquisitions, wealth management, project appraisal etc.
Graduates of Master in management studies (Finance) have a wide range of job opportunities like Investment Banking, consultancies, brand and marketing, personal business, Educational Institutes, Export companies, Multinational corporations, Hedge fund Companies etc. Opportunities are not limited to the said fields. Once completed, the graduate may pursue further studies or may take up said job opportunities associated. The average salary for a Master in management studies (Finance) is between INR 8 and 10 LPA.
|Course Level||Post Graduate|
|Duration of the Course||2 years|
|Eligibility||Graduation degree with honors in Punjabi with 50% marks or equivalent GPA|
|Admission Process||Entrance exam based|
|Course Fee||Between INR 2 to 8 Lacs|
|Average Salary||INR 8 and 10 LPA starting. May go up to 18 LPA with of experience.|
|Top Recruiting Companies||Investment Banks (JP Morgan, Morgan and Stanley, Meryllynch etc.), consultancies, brand and marketing, personal business, Multinational corporations etc.|
|Job Positions||Investment Banker, Hedge Fund manager, Project manager, Management consultant, Business manager etc.|
Master in management studies (Finance) typically prepares students to handle management issues in areas of business that involve dealing with money and investments. Most programs begin with a set of required courses and then offer more specialized courses two thirds of the way through the program.
The course gets into depths of investing in all kinds of derivatives markets, Portfolio management, financial regulations, International finance etc. giving a proper understanding of the Finance world.
The course makes sure you are well trained and educated about the managerial aspects of these different fields of study by practical knowledge.
One can pursue their career in any sector involving creating financial portfolios to personal investments.
|Name of the Institute||Location||Total Fees(INR)|
|N.L. Dalmia Institute of management studies||Mira Road, Mumbai||7,50,000|
|Jamnalal bajaj institute of management studies||Mumbai||4,20,000|
|Sydenham Institute of Mgmt. & Research||Mumbai||1,40,000|
|Prin L. N. Welingkar Institute of Management||Mumbai||5,62,562|
|Xavier Institute of Mgmt Development & Research||Mumbai||5,00,000|
|SIES College of Management Studies||Mumbai||3,60,000|
|Sinhgad institute of business management||Mumbai||2,64,465|
|MCT Rajiv Gandhi Institute of technology||Mumbai||1,94,393|
Applicants are eligible for the examination only if they satisfy following condition:
Admission is based on the score of a common entrance test conducted by various universities or institutes. The final admission is based on PI (Personal Interview) round.
The two years of study is divided into four semesters and each semester has some compulsory courses.
|Semester I||Semester II|
|Operations Management||Marketing Management|
|Business statistics||Operations Research|
|Perspective Management||Financial Accounting|
|Managerial Economics||Human Resource Management|
|Financial Accounting||Business Research Methods|
|Semester III||Semester IV|
|Financial markets and Institutions||Project management (Final Project)|
|Corporate mergers and Acquisitions||-|
|Security analysis and portfolio management||Electives (Any 1)|
|Financial Regulations||Commercial Banking|
|Derivatives and Risk Management||Business analytics|
|Summer Internship||Venture Capital and Private Equity|
Career prospects of Master in management studies (Finance) are many depending on the level of expertise and experience in the industry. They are hired for profiles from Consultants to project managers. The average salary is between INR 8 and 10 LPA.
The job profiles for these positions range as Account manager, Investment Banker, Hedge Fund manager, Project manager, Management consultant, Business manager etc.
The compensation and salaries for these individual jobs are very area specific depending on the skill-set they have built and the experience and level of operation.
Advance courses after Masters in management studies:
Both doctorates are research doctorates representing the highest academic qualification in business in the U.S. education system. As such, both PhD and DBA programs require students to develop original research leading to a dissertation defense. Furthermore, both doctorates enable holders to become faculty members at academic institutions.
|Job Profile||Job Description||Average annual salary|
|Investment Banker||Investment bankers help their clients raise money in capital markets by issuing debt or selling equity in the companies. Other job duties include assisting clients with mergers and acquisitions (M&As), and advising them on unique investment opportunities such as derivatives.||8 - 11 LPA|
|Portfolio manager||Portfolio managers are primarily responsible for creating and managing investment allocations for private clients. A portfolio manager determines a client's appropriate level of risk based on the client's time horizon, risk preferences, return expectations and market conditions.||12 LPA average|
|Equity research analyst||The role of an equity analyst is to analyze financial data and public records of companies, and use this analysis to determine the value of the company's stock and to predict the company's future financial picture. Most equity analysts are employed by brokerages or financial firms.||4 - 5 LPA|
|Management consultant||Management consultants help organizations to solve issues, create value, maximize growth and improve business performance. They use their business skills to provide objective advice and expertise and help an organization to develop any specialist skills that it may be lacking.||10 - 11 LPA|
|Account Manager||An account manager is a person who works for a company and is responsible for the management of sales and relationships with particular customers. The account manager does not manage the daily running of the account itself. They manage the relationship with the client of the account(s) they are assigned to.||5 – 6 LPA|